M&A IPO

Deeprock Minerals Inc. (CSE: DEEP) closed IPO of 5,000,000 common shares at $0.10 for $500,000. Chippingham Financial Group Ltd. acted as agent. Deeprock shares are expected to commence trading on the CSE on November 16, 2018

Financing

Northern Uranium (TSX-V: UNO) to consolidate share on a 15-to-1 basis and $800K private placement of post-consolidation units at $0.05625, with Palisade Global Investments and a small group of investors gaining 57% stake.

BaseMetals

Zijin Mining Group Co. Ltd. (SH: 601899; SEHK:2899) has taken up 276,820,575 shares (89.37%) of Nevsun Resources Ltd. (TSX/NYSE AMERICAN: NSU), will pay $1,660,923,450 for the deposited shares within three business days.

People

African Gold Group (TSX-V: AGG) promoted Andrew Cheatle, VP of Exploration, as new CEO, and intends to complete a non-brokered private placement of units at $0.05 per unit for gross proceeds of up to $1M